China Minsheng Banking Dividends and Buybacks
Dividend criteria checks 5/6
China Minsheng Banking is a dividend paying company with a current yield of 6.9% that is well covered by earnings.
Key information
6.9%
Dividend yield
6.4%
Buyback Yield
| Total Shareholder Yield | 13.3% |
| Future Dividend Yield | 6.1% |
| Dividend Growth | 11.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.260 |
| Payout ratio | 54% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600016's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600016's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| China Minsheng Banking Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600016) | 6.9% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Banks) | 4.9% |
| Analyst forecast (600016) (up to 3 years) | 6.1% |
Notable Dividend: 600016's dividend (6.9%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 600016's dividend (6.9%) is in the top 25% of dividend payers in the CN market (2.14%)
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53.9%), 600016's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 600016's dividends in 3 years are forecast to be well covered by earnings (31.6% payout ratio).